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Tuesday , 28 June 2022

Government approves 100% FDI in Railways

The Union government recently approved 100% Foreign Direct Investment (FDI) in railways for building railway infrastructure. The move will allow the Railways, currently facing an acute shortage of funds, to implement crucial projects related to electrification, high-speed tracks and suburban corridors. Another area that would benefit is last-mile connectivity projects meant to boost business activity in and around ports and mines.

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